🟢 Large Growth ETF (IQQ) is trading 1.5% up in pre-market as U.S. chip stocks rebound

IQQ is trading at $22.27 (+1.50%) as U.S. chip stocks rebound in pre-market after Thursday’s AI-driven technology selloff; Nasdaq futures are higher.

• The prior rout reflected investor concerns that tighter AI oversight could slow data-center construction and chip demand.
• Asian semiconductor shares fell overnight. October U.S. employment data is scheduled for 8:30 a.m. ET and has not yet been released.